A statement released earlier today by KBW about AllianceBernstein Holding (NYSE:AB) bumps the target price to $2.00
- Updated: October 14, 2016
Showing a price of $21.95, AllianceBernstein Holding (NYSE:AB) traded 0.23% higher on the day. The last closing price is down -4.44% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. AllianceBernstein Holding has recorded a 50-day moving average of $22.28 and a 200-day moving average of $22.92. 96,454 shares of the stock traded hands, down from an average trading volume of 212,037
KBW bumped up the target of AllianceBernstein Holding (NYSE:AB) to $2.00 stating a potential downside of -0.91%.
With a total market value of $0, AllianceBernstein Holding has 52 week low of $16.11 and a 52 week high of $27.70 with a P/E ratio of 11.38 .
Also covering AllianceBernstein Holding's target price, a total of 7 firms have issued a research note on the company. The average stock price target is $21.57 with two analysts rating the company a strong buy, one analyst rating the company a buy, 4 brokerages rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 equity analysts rating the company a sell.
Brief Synopsis About AllianceBernstein Holding (NYSE:AB)
AllianceBernstein Holding L.P. provides research, investment management and related services to a range of clients through three buy-side distribution channels, institutions, retail and private wealth management, and its sell-side business, Bernstein Research Services. The Company's principal services include institutional services, retail services, private wealth management services and Bernstein research services. It offers institutional services to institutional clients, including private and public pension plans, foundations and endowments, insurance companies, central banks and governments around the world. It offers retail services that serve retail clients, primarily by means of retail mutual funds. It offers private wealth management services to private clients, including high-net-worth individuals and families, trusts and estates, charitable foundations, partnerships, private and family corporations, and other entities. It is engaged in providing various investment services.
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